Nigeria, April 8 -- Nigeria's economy strengthened in 2026, driven by gains from recent stabilisation reforms, but poverty has yet to decline, according to a new World Bank report.

The World Bank revealed the insights in a 2026 Economic Update released on Tuesday, titled "Nigeria's Tomorrow Must Start Today: The Case for Early Childhood Development".

According to the bank, the Nigerian economy grew at a moderate pace in 2026, despite a slight cooldown following the start of the Middle East conflict. This followed a 4.1 per cent expansion in 2024, while real GDP grew by 4.0 per cent in 2025.

It noted that the growth was driven primarily by the services sector, particularly ICT, financial services, and real estate, while agriculture and ...